Is a declination required from an admitted carrier for marine insurance?

In the context of marine insurance, a declination from an admitted carrier is not required. This is because, unlike some other lines of insurance where a declination from an admitted carrier may be necessary before turning to surplus lines options, marine insurance has specific regulations that allow the insured to obtain coverage directly in the surplus lines market without needing that prior declination.

This policy recognizes the unique nature of marine risks and the complexities involved in underwriting them. As a result, the surplus lines market is available for marine insurance directly without the hurdle of securing a declination from an admitted insurer. This streamlining aids policyholders in accessing necessary coverage more efficiently.